2:49 PM,
Nov. 12, 2012

Written by

A town man who was a houseguest at a Carmel residence faces a felony larceny charge after he admitted to stealing roughly $45,000 in cash and jewelry from his host to fuel a drug habit, police said today.

Alexander Schwaeber, 27, was arrested about 3:30 p.m. Saturday and charged with third-degree grand larceny. The arrest by Detective Michael Russo stemmed from a complaint police received from the Carmel resident who was host to Schwaeber, Chief Michael Johnson said in a release.

The victim initially filed a complaint with police this summer when it was discovered that $25,000 was missing ...